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Month: April 2019

Chevy to reveal next-gen, midengine Corvette in July

Chevy to reveal next-gen, midengine Corvette in July

Chevrolet plans to unwrap the next-generation Corvette, featuring a midengine layout for the first time, in July. GM President Mark Reuss, who also heads the automaker’s global product development programs, posted an image of the eighth-generation Corvette — the C8 — on his Facebook page late Thursday.

Uber files for long-awaited stock offering

Uber files for long-awaited stock offering

Uber, in a filing that’s expected to be the biggest U.S. IPO in 2019, warned of slowing growth in its core ride-hailing business — revenues have leveled off in recent quarters — and said autonomous vehicles could dramatically lower operating costs but also disrupt its business model.